misk@sopuli.xyz to Technology@lemmy.worldEnglish · 2 days agoTikTok (with Douyin) becomes first app to reach $6B in annual consumer spendingtechcrunch.comexternal-linkmessage-square7fedilinkarrow-up13arrow-down13
arrow-up10arrow-down1external-linkTikTok (with Douyin) becomes first app to reach $6B in annual consumer spendingtechcrunch.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 2 days agomessage-square7fedilink
minus-squareArkouda@lemmy.calinkfedilinkEnglisharrow-up0·2 days ago Users spend real money to buy creators virtual gifts, which can then be cashed out as fiat currency, with TikTok retaining 50% of the payout. Should probably read the article before ceding your point.
minus-squareTelorand@reddthat.comlinkfedilinkEnglisharrow-up0arrow-down1·1 day agoNormally I would, but honestly, I think TikTok is a net negative, so my interest in how they get their profits virtually zero.
Should probably read the article before ceding your point.
Normally I would, but honestly, I think TikTok is a net negative, so my interest in how they get their profits virtually zero.